According to publicly available records Eddie Basora, Jr. , (CRD# 4388378), a former stockbroker who last worked for Merrimac Corporate Securities has been named in a complaint filed by FINRA.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

The FINRA complaint alleges that Basora willfully failed to timely amend FINRA records to disclose a felony charge and nolo contendere plea. In addition the complaint alleges that Basora failed to appear for on the record testimony before FINRA thereby impeding FINRA’s ability to investigate other rule violations, including failures to disclose a federal tax lien and three bankruptcies.

If you have questions about an investment account handled by Eddie Basora, Jr. , call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investorsnationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

A customer of Christopher’s former employer Merrimac Corporate Securities has filed FINRA Case # 16-2963, seeking damages of $400,000 and alleging that Christopher was negligent and sold unsuitable oil & gas and real estate investments (REITs).

Christopher has been registered with Kovack Securitiessince January 2014. He was previously registered with Merrimac Corporate Securities (FINRA expelled Merrimac 3/2016).

If you have questions about an account in an account handled by Ronald A. Christopher, Jr. , contact us to discuss your legal options.

Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investorsnationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA announced in November 2013 that former broker Michael Anthony Barina of Longwood Florida, submitted a Letter of Acceptance, Waiver and Consent in which he was fined d$12,500 and suspended for three months. The findings indicate that Barina recommended to customers an investment in private placement pool, when he did not have a complete and sufficient understanding of the investment strategy. The investment strategy and parameters permitted it to invest up to 25% of its assets in a single security and permitted option trading.

Barina lacked a reasonable basis to believe that the entity was a suitable investment for customers, making the recommendation unsuitable.

According to FINRA records, Barina is not currently registered and was previously registered with the following broker dealers:

Merrimac Corporate Securities5/2013-10/2013

Aegis Capital Corp. 11/2011-5/2013

Coker & Palmer11/2009-11/2011

Brokers have a duty to make suitable recommendations and are required to take into account the age, health and financial sophistication of their customers. If you have suffered losses in your brokerage account and feel the investments were unsuitable, call to discuss your legal rights with an experienced securities attorney.

Rex Securities Law , located in Boca Raton, FL, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.